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Interactive Brokers Group Reports Brokerage Metrics
Monday, August 2, 2010 - 1:27pm | 114Interactive Brokers Group, Inc. (NASDAQ: IBKR) today reported its Electronic Brokerage monthly performance metrics for July. Highlights for the month included: 147 thousand customer accounts, 19% higher than prior year. 366 thousand Daily Average Revenue Trades (DARTs), 13% higher than prior year...
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Keefe Bruyette & Woods Lowers Asset Acceptance Capital Corporation Price Target (AACC)
Monday, August 2, 2010 - 12:28pm | 93Keefe Bruyette & Woods is lowering its earnings estimates and price target on shares of Asset Acceptance Capital Corporation (NASDAQ: AACC) after the company missed Q2 earnings estimates. In the report, Keefe Bruyette & Woods writes, "AACC reported 2Q10 EPS [ROCK: $0.03, $0.03, $0.02, $0.04...
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Keefe Bruyette & Woods Rates Portfolio Recovery Associates At Market Perform (PRAA)
Monday, August 2, 2010 - 10:40am | 84Keefe Bruyette & Woods now has a $61 price target on shares of Portfolio Recovery Associates (NASDAQ: PRAA) after the finance company reported a substantial beat in Q2. It rates the company at Market Perform. In the report, Keefe Bruyette & Woods notes, "Event--PRAA reported 2Q10 EPS [ROCK...
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Chart Repair Looms: Narrow Range Back-to-Back Days in McClellan – Big Move Due
Monday, August 2, 2010 - 9:15am | 1292STOCK OF THE DAY The McClellan Oscillator registered one of those fairly rare "minor-change" readings. Fridays Oscillator posted a slightly OVERBOUGHT at plus 125, Thursday’s was a read of 123, i.e. a Narrow Range Alert. This close approximation has historically suggested a 2 or 3% move over the...
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Portfolio Recovery Tops - Analyst Blog
Friday, July 30, 2010 - 5:10pm | 594On July 29, 2010, Portfolio Recovery Associates Inc. (PRAA) reported its second-quarter income from continuing operations of $19.5 million or $1.14 per share, surpassing the Zacks Consensus Estimate of 92 cents. The strong earnings were primarily driven by higher-than-expected top-line growth...
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Earning Scorecard: Quest Diagnostics - Analyst Blog
Friday, July 30, 2010 - 2:00pm | 1117The announcement of Quest Diagnostics’ (DGX) second quarter results on July 21, 2010, has triggered a downward revision of estimates among the analysts. Second quarter highlights Quest Diagnostics reported an EPS of $1.07, beating both the Zacks Consensus Estimate by a penny and the year-ago...
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Benzinga’s Volume Movers (PWER, PRAA, SCMR, MXWL)
Friday, July 30, 2010 - 1:52pm | 182Power-One, Inc (NASDAQ: PWER) shares gained 22.89% to $12.24 at 1:43 pm. The volume of PWER shares traded was 602% higher than normal. PWER’s second quarter earnings and revenue beat the Street view. Portfolio Recovery Associates, Inc (NASDAQ: PRAA) shares jumped 4.40% to $69.99. The volume of PRAA...
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Brian Kelly Is Bearish On Regional Bank ETF (RKH)
Wednesday, July 28, 2010 - 5:33pm | 169On CNBC's Fast Money Final Call, Brian Kelly said that he took a short position in Regional Bank HOLDRs (ETF) (NYSE: RKH) this morning. He thinks that Moody's Corporation (NYSE: MCO) downgraded the ratings for financial companies today, because banks are no longer too big to fail. This will...
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(Japan) First Domestic NASDAQ-100 Index ETF Available in Japan
Wednesday, July 28, 2010 - 5:26pm | 181The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Osaka Securities Exchange Co., Ltd. (OSE), the premier Japanese derivatives and securities exchange, today announced that the first domestic(...)Read the rest of (Japan) First Domestic NASDAQ-100 Index ETF Available in Japan Copyright 2010...
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(Japan) First Domestic NASDAQ-100 Index ETF Available in Japan
Wednesday, July 28, 2010 - 5:26pm | 181The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Osaka Securities Exchange Co., Ltd. (OSE), the premier Japanese derivatives and securities exchange, today announced that the first domestic(...)Read the rest of (Japan) First Domestic NASDAQ-100 Index ETF Available in Japan Copyright 2010...
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Top Narrow Based Indexes For July 27 (URZ, ECPG, NGLPF)
Tuesday, July 27, 2010 - 1:41pm | 186By 1:25 pm, the Dow Jones Industrial Average was up 13.25 points, or 0.13%, to 10,538.68, while the broader Standard & Poor's 500 index had lost 1.64 points, or 0.15%. The NASDAQ composite index fell 9.68 points, or 0.42%. Some of the narrow based indexes supporting the markets are Uranium...
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Company News for July 27, 2010 - Corporate Summary
Tuesday, July 27, 2010 - 9:49am | 306• US Steel's (NYSE: X) second quarter earnings of 45 cents per share were below Zacks estimates of 63 cents, on revenues of $4.68 billion that beat Zacks estimates of $4.53 billion • Occidental Petroleum (NYSE: OXY) reported second quarter earnings of $1.31, three cents below Zacks projections, on...
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CIT Profits Up 46%, Debt Lowered By $3 Billion (CIT)
Tuesday, July 27, 2010 - 7:08am | 210CIT Group Inc (NYSE: CIT) released financial results on Tuesday morning that beat Wall Street earnings estimates. The company reported that it reduced its debt by $3 billion and that new business volume rose 14% to over $1 billion. “During the second quarter we continued to advance our key...
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Nasdaq OMX Buys Aussie Market Intelligence Provider
Tuesday, July 27, 2010 - 4:35am | 98Nasdaq OMX Group (Nasdaq: NDAQ), owner of the second-largest U.S. stock market, said it will acquire Australia's Smarts Group, a privately held provider of market intelligence, for an undislcosed sum. The purchase is expected to close in the third quarter. Nasdaq OMX is looking to diversify its...
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Bullish and Neutral Options Strategies for Intercontinental Exchange (ICE)
Friday, July 23, 2010 - 8:57am | 1701Earlier this week, shares of Intercontinental Exchange (NYSE:ICE) were upgraded to outperform (essentially a “buy”) from market perform (a “hold” rating) at BMO Capital. The firm established a 12-month price target of $125, allowing for roughly 18% of upside. The covering analyst noted that changes...